Appellate Court Puts To Rest Nymex, ICE Dispute

Law360 (August 2, 2007, 12:00 AM EDT) -- An appellate court on Wednesday affirmed a district court’s ruling that the New York Mercantile Exchange Inc.’s settlement prices for oil and gas futures cannot be copyrighted.

The decision from the U.S. Court of Appeals for the Second Circuit put to rest an ongoing copyright and trademark infringement dispute between Nymex and rival commodity exchange IntercontinentalExchange Inc. Nymex had appealed a September 2005 district court decision dismissing its claims of copyright infringement against ICE, but the appellate court ruled that the settlement prices themselves could not...